The technology sector is making its comeback, closing in on record highs after a months-long pause. Even as it roars back, one strategist says Wall Street is underestimating its potential. “Guidance was very, very good for this group and the first-quarter numbers were more impressive than any other sector that we’ve seen,” Lindsey Bell, investment […]
Read moreTechnology and artificial intelligence (AI) are fashioning how people interact with everything from food to healthcare — and so, too, for religion. From electronic scriptures to robot priests, different faiths have absorbed new ideas from the world of technology to enhance mainstream religious practices. Muslims across the world can download apps such as Muslim Pro, […]
Read moreCheck out the companies making headlines before the bell: Nvidia — Nvidia reported adjusted quarterly profit of $2.05 per share, well above the consensus estimate of $1.47 a share. The chipmaker’s revenue also comfortably topped Wall Street’s forecasts, with gaming revenue jumping 68 percent, and Nvidia also gave an upbeat current quarter forecast. The company’s […]
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The markets are testing key levels, and the next move could set the tone for the rest of the year. I’m watching to see if the S&P 500 can break more meaningfully above its trend line from the January highs. If it can, I think it will present a great opportunity for investors to adjust […]
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Italy could soon have populist parties in power — and experts are warning of the damage it could cause
Italians could be about to find out what their next government looks like, after more than two months of political stalemate. The anti-establishment parties, Five Star Movement (M5S) and Lega, have until Sunday to come up with an agreement or Italy will be headed for a repeat of its March election. The two parties said […]
Read moreHuawei has released a bitcoin wallet on its app store for the first time, allowing Chinese consumers to hold virtual currencies even as Beijing steps up regulation on the nascent industry. The Shenzhen-based Chinese smartphone maker has teamed up with BTC.com, an online platform for cryptocurrency investors, miners and developers, to add BTC.com’s crypto wallet […]
Read moreNetwork gear maker Cisco Systems is pulling all online ads from YouTube due to fears of the ads appearing on sensitive content on the platform, Cisco’s chief marketing officer, Karen Walker, said in a blog on Wednesday. The blog, which seemed to have been removed from Cisco’s website on Thursday, said the company would not […]
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Formula One's plans for Miami Grand Prix approved, but Lewis Hamilton isn't entirely happy
Formula One (F1) has approved a new Miami street circuit Grand Prix to be added to the calendar in 2019. However, reigning World Champion Lewis Hamilton has suggested organizers might want to have a rethink before committing fully to the idea. The Mercedes driver indicated ahead of this weekend’s Spanish Grand Prix that he had […]
Read moreChina is looking to boost its domestic production of soybeans, potentially becoming less reliant on U.S. farmers amid a tit-for-tat trade war between the world’s largest economies. China included lifting soybean production in a five-year plan issued in 2016, but in early April it announced that soybean farmers in China’s northeastern provinces would be getting […]
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After Trump’s Iran move, the EU’s chief says it’s now time for ‘Europe to shine’
In the face of recent decisions taken by President Donald Trump, Europe needs to strengthen its position as a global player, the president of the European Commission said Friday. Trump decided earlier this week to pull the United States out of an international nuclear accord with Iran. The U.K., Germany and France, who are also […]
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